The global market for technical textiles is expected to grow from $213.8 billion in 2024 and is projected to reach $284.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.
The Asia-Pacific market for technical textiles is expected to grow from $81.3 billion in 2024 and is projected to reach $115.0 billion by the end of 2029, at a CAGR of 7.2% during the forecast period of 2024 to 2029.
The European market for technical textiles is expected to grow from $57.9 billion in 2024 and is projected to reach $79.0 billion by the end of 2029, at a CAGR of 6.4% during the forecast period of 2024 to 2029.
Report Scope
This report includes details about various forms of technical textile material, manufacturing processes, types of material, and end-use industries for technical textiles. Estimated values are based on manufacturers' total revenues. Projected revenue values are in constant U.S. dollars, unadjusted for inflation. The report contains comprehensive information regarding technical textiles and users thereof.
The global technical textiles market is segmented into the following categories:
- Form of material (woven, nonwoven, knitted, and others).
- Type of material (synthetic polymers, natural fibers, mineral fibers, metal fibers, regenerated fibers, and others).
- Manufacturing process (3D weaving, 3D knitting, thermo-forming, and others)
- End-use (mobiltech, indutech, packtech, sportech, hometech, clothtech, buildtech, meditech, protech, agrotech, oekotech, and geotech).
- Region: (North America, Europe, Asia-Pacific, South America, and Middle East & Africa).
Report Includes
- 136 data tables and 47 additional tables
- An up-to-date overview of the global markets for technical textiles within the industry
- Analyses of the global market trends, with data from 2023, estimates for 2024, forecasts for 2028, and projections of compound annual growth rates (CAGRs) through 2029
- Evaluation of the current market size and prospects for revenue growth, accompanied by a market share analysis by type of material, form of material, manufacturing process, end-use industry and geographical region
- A look at the key growth drivers and constraints that will shape the market for technical textiles over the period of 2024-2029
- Insight into the industry value chain analysis and the intermediaries involved, with emphasis on manufacturers and producers of industrial raw materials, converters (producers of end-products), and end markets
- Identification of the fastest-growing applications and technologies, and a review of the trends that have led to a surge in demand for technical textiles
- A discussion of the ESG challenges and ESG practices of the makers of technical textiles
- Assessment of the vendor landscape, including , their market shares, product portfolios and financial overviews
- Update on recent mergers and acquisitions (M&A), expansions into new markets, collaborations, investments and divestments
- Profiles of the leading market vendors, including Toray Industries Inc., Asahi Kasei Corp., Freudenberg Group, DuPont, and Berry Global Inc.